SmarterDividends

CMS-PC vs NEE: Which Is the Better Dividend Stock?

As of Oct 27, 2026, NEE (NextEra Energy, Inc.) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. CMS-PC offers the higher yield at 6.56%, NEE has the higher dividend-safety score, and CMS-PC looks like the better value (its fair-value estimate is 67% above its share price).

Key facts: CMS-PC vs NEE

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, CMS Energy Corporation (CMS-PC) has the higher forward dividend yield at 6.56%, versus 3.04% for NextEra Energy, Inc. (NEE).
  • As of Oct 27, 2026, SmarterDividends grades CMS-PC's dividend safety B (66/100) and NEE's A (90/100).
  • By SmarterDividends' count as of Oct 27, 2026, CMS-PC has raised its dividend for 0 consecutive years and NEE for 30.
  • As of Oct 27, 2026, CMS-PC's fair-value estimate is 67% above its share price and NEE's fair-value estimate is 16% above its share price, so CMS-PC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "CMS-PC vs NEE: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/cms-pc-vs-nee

MetricCMS-PCNEE
Forward yield6.56%3.04%
Annual dividend$1.05$2.49
Payout ratio—44%
Years of growth0 yr30 yr
5-yr dividend growth—10.1%
5-yr total return-35%-5%
Dividend safety score66 (B)90 (A)
Fair value estimate$26.80$94.84
Upside to fair value+67%+16%
Frequencyquarterlyquarterly
Market cap—$172.1B
P/E ratio3.414.8

Higher yield

CMS-PC

6.56%

Safer dividend

NEE

Grade A

Faster growth

NEE

10.1%

Better value

CMS-PC

+67% upside

CMS-PC vs NEE — FAQ

Is CMS-PC or NEE a better dividend stock?

On the data, NEE wins more head-to-head categories (4 vs 2). CMS-PC offers the higher yield (6.56%), while NEE has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, CMS-PC or NEE?

CMS-PC has the higher forward dividend yield at 6.56%, versus 3.04% for NEE.

Is CMS-PC or NEE safer?

NEE has the higher dividend-safety score (90/100 vs 66/100), reflecting stronger payout coverage and dividend-growth history.

Is CMS-PC or NEE better value right now?

As of Oct 27, 2026, CMS-PC looks like the better value: its fair-value estimate is 67% above its share price (undervalued). For NEE, its fair-value estimate is 16% above its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.